ICT service exports in Laos
Laos: ICT service exports was 60.76 million BoP, current US$ in 2024. ◆ Volatile
ICT service exports in Laos, 1991–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Laos recorded 60.76 million BoP, current US$ for ict service exports in 2024.
That represents a change of down 39.4% on the previous year and up 57.5% over ten years.
Over the whole period, ict service exports in Laos peaked at 100.32 million BoP, current US$ in 2023 and was at its lowest, 1.00 million BoP, current US$, in 1991.
Laos ranks 120th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Laos, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1991 | 1.00 million BoP, current US$ | — |
| 1992 | 3.60 million BoP, current US$ | +260.0% |
| 1993 | 2.60 million BoP, current US$ | -27.8% |
| 1994 | 1.00 million BoP, current US$ | -61.5% |
| 2001 | 8.26 million BoP, current US$ | +726.2% |
| 2002 | 8.75 million BoP, current US$ | +5.9% |
| 2003 | 5.44 million BoP, current US$ | -37.8% |
| 2004 | 5.04 million BoP, current US$ | -7.4% |
| 2005 | 5.85 million BoP, current US$ | +16.1% |
| 2006 | 6.14 million BoP, current US$ | +5.0% |
| 2007 | 17.22 million BoP, current US$ | +180.5% |
| 2008 | 27.76 million BoP, current US$ | +61.2% |
| 2009 | 28.82 million BoP, current US$ | +3.8% |
| 2010 | 27.26 million BoP, current US$ | -5.4% |
| 2011 | 31.03 million BoP, current US$ | +13.8% |
| 2012 | 34.36 million BoP, current US$ | +10.7% |
| 2013 | 39.14 million BoP, current US$ | +13.9% |
| 2014 | 38.58 million BoP, current US$ | -1.4% |
| 2015 | 34.30 million BoP, current US$ | -11.1% |
| 2016 | 29.58 million BoP, current US$ | -13.7% |
| 2017 | 24.04 million BoP, current US$ | -18.8% |
| 2018 | 26.03 million BoP, current US$ | +8.3% |
| 2019 | 33.40 million BoP, current US$ | +28.3% |
| 2020 | 37.28 million BoP, current US$ | +11.6% |
| 2021 | 41.41 million BoP, current US$ | +11.1% |
| 2022 | 22.36 million BoP, current US$ | -46.0% |
| 2023 | 100.32 million BoP, current US$ | +348.7% |
| 2024 | 60.76 million BoP, current US$ | -39.4% |
Laos compared with similar countries
- Laos's 60.76 million BoP, current US$ is above the median for lower middle income countries, which is 60.76 million BoP, current US$, 1.0× the median. (47 countries reporting)
- Laos's 60.76 million BoP, current US$ is above the median for East Asia & Pacific, which is 26.86 million BoP, current US$, 2.3× the median. (31 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +726.2% | 1.00 million BoP, current US$ | 8.26 million BoP, current US$ |
| 2023 | +348.7% | 22.36 million BoP, current US$ | 100.32 million BoP, current US$ |
| 1992 | +260.0% | 1.00 million BoP, current US$ | 3.60 million BoP, current US$ |
| 2007 | +180.5% | 6.14 million BoP, current US$ | 17.22 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.05 million BoP, current US$ | 1.00 million BoP, current US$ | 3.60 million BoP, current US$ | 4 |
| 2000s | 12.59 million BoP, current US$ | 5.04 million BoP, current US$ | 28.82 million BoP, current US$ | 9 |
| 2010s | 31.77 million BoP, current US$ | 24.04 million BoP, current US$ | 39.14 million BoP, current US$ | 10 |
| 2020s | 52.43 million BoP, current US$ | 22.36 million BoP, current US$ | 100.32 million BoP, current US$ | 5 |
Countries ranked near Laos
- 117 Venezuela 64.00 million BoP, current US$ compare
- 118 Mongolia 61.80 million BoP, current US$ compare
- 119 Ghana 61.34 million BoP, current US$ compare
- 121 Curacao 54.89 million BoP, current US$ compare
- 122 Afghanistan 54.77 million BoP, current US$ compare
- 123 Uganda 48.48 million BoP, current US$ compare
More economy & growth data for Laos
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is ict service exports in Laos?
- Ict service exports in Laos was 60.76 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Laos?
- The highest recorded value was 100.32 million BoP, current US$ in 2023.
- What is the lowest ict service exports recorded in Laos?
- The lowest recorded value was 1.00 million BoP, current US$ in 1991.
- How does Laos rank for ict service exports?
- Laos ranks 120th out of 189 countries with data for 2024.
- Is ict service exports rising or falling in Laos?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.